Poland: Economic Upswing Endangered by Conflict in Ukraine

Politics ♦ Published: April 18, 2014; 20:00 ♦ (Vindobona)

In general, Poland´s economic growth accelerates. However, the recent developments in Poland´s neighbor country are a substantial risk factor.

Poland: Upswing in Danger? / Picture: © Vindobona.org

According to the Polish National Bank (NBP), the economic outlook and the economic sentiment are still positive. Compared to the prior forecast released in January, the assessment of the domestic economy deteriorated slightly. Due to the deepening of the conflict between Russia and Ukraine, the uncertainty is growing. Above all, exports are growing slower than expected. This year,…